Work tax

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Icon taxes.gif Work tax is a tax set forth by the Country administration that is deducted both from wages received by employees and from citizens working in their own companies as General Manager.
Tax revenue is added to the country Treasury.

This tax replaced the Income Tax on Day 2,089[1] of the New World.


Example
In country A the average net salary paid in the last 30 days is 10 currency and the voted Work Tax for the country A is 10%. In this case, the value of the Work Tax for Work as Manager will be 1 local currency. The Work Tax will be applied for each company in which a player works as manager. Therefore if a citizen owns 5 companies and works as a manager in all of them, he will pay the value of the Work Tax multiplied by 5. If the citizen doesn’t have enough money to pay the Work Tax, he will not be able to start production in his companies.


The average salary is calculated based on all the salaries paid by employers from a specific citizenship country in the last 30 days (the citizenship of their employees doesn’t matter, what matter is the citizenship of the employer).

For the citizens who work as employees, the Work Tax will behave identically as the old Income Tax.

Tax rates can be viewed by clicking on the Economy tab on Country stats.

See also


Back.gif Back to Taxes page

References

  1. The update has been published on Day 2,088 of the New World